Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

U.S. Markets React to Cyprus Bailout, Look Ahead to Market Measures

Share On Facebook
share on Linkedin

U.S. stocks this morning kicked off a short trading week in the green, buoyed by word out of Europe of an 11th hour deal to save the banking system in Cyprus, a small Mediterranean island nation getting global attention. Without the deal, Cyprus faced bankruptcy, which could have made it the first country to abandon the euro currency, vexing global markets.

© Mike Hodges

Predictably, investors keeping tabs on overseas markets applauded the deal, pushing all three major indices ticking higher in morning trade. Still, concerns remain that the U.S. economy may feel the hangover from economic struggles in Europe and analysts warn investors to stay defensive and consider moving some of their portfolios into bonds.

While much of this week’s focus will remain on Europe, a batch of U.S. economic data regarding the nation’s own economic health will keep investors on their toes. On tap later this week is the Case-Shiller 20-city index, new and pending home sales, and the MBA mortgage index.

Also coming up is consumer confidence, personal income and spending, and a third estimate of U.S. gross domestic product. Economists expect to see that the U.S. economy expanded by 0.3% in the fourth-quarter of 2012.

The Dow Industrial Average, S&P 500 and Nasdaq are all up between 7% and 11% for the year so far.

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

To learn more, visit

Please see disclaimer on the QualityStocks website:

Click Here to register for free on Investors Hub

This area of the site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of Investors Hub. Investors Hub does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at Investors Hub is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments are closed